SIME UEP INDUSTRIAL PARK

Area Intelligence
2024
Median Price
RM 7,000,000
PSF: RM 664

Residential PSF Trends

Median Price

RM 645,000

PSF: RM 510

Commercial PSF Trends

Median Price

RM 7,000,000

RM 664 PSF

SIME UEP INDUSTRIAL PARK in Petaling, Selangor recorded 1 subsale transactions in 2024, with a median price of RM 7.00 million and a median price per square foot (PSF) of RM 664.

This area contains both residential and commercial properties. View 24 residential properties or 25 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 7.00 million, with most transactions falling within a stable range of RM 6.45 million to RM 7.56 million, and a typical market range of RM 6.16 million to RM 7.84 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 664, with most transactions between RM 606 and RM 722. The usual range is RM 605.00 to RM 723.00, showing that most units are priced quite close to each other. With an IQR of RM 118.00 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SIME UEP INDUSTRIAL PARK, Petaling, Selangor

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